Minister for Finance, Labour & Employment, Dr Haseeb Drabu today moved a Resolution in the Legislative Assembly to facilitate implementation of GST in the State.
“This House resolves that the Government of Jammu and Kashmir may give consent to the adoption of the GST regime by application of relevant amendments made to the Constitution of India in a modified manner to safeguard the existing special constitutional position of Jammu and Kashmir in the Union of India and the legislative powers under the Constitution of Jammu and Kashmir,” the resolution moved by Dr Drabu states.
The Resolution was seconded by Minister for Food, Civil Supplies & Consumer Affairs and Information, Chowdhary Zulfkar Ali.
Highlighting the importance and benefits of the GST, the Finance Minster said that the new tax regime has been rolled out in the entire country except Jammu and Kashmir, which has the special status in view of its own Constitution. He said it is in the interest of J&K to shift to the new tax regime to protect the interests of the State and all stakeholders.